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Joined 5 months ago
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Cake day: January 26th, 2025

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  • From other parts of the internet. I don’t agree with all of it but for the most part it’s decent and worth thinking about.

    People should understand at this point if we keep trying to point to a single thing to that needs change it likely won’t actually do much or at least in our lifetime. We need a lot of things to go in the right direction to bring back affordability and should appropriately call out people who aren’t pulling their weight.


    Group Primary Power Barrier Type
    Federal Gov Policy + Land Infrastructure, tax policy
    Provincial Gov Regulation Zoning, development bottlenecks
    Municipal Gov Zoning + Fees NIMBYism, slow approvals
    Homeowners Political + Market Speculation, resistance to change
    Homebuyers Market demand Concentrated bidding, expectations
    Developers Supply gatekeeping Profit prioritization
    Financial Institutions Lending policy Market inflation, investment bias
    Real Estate Industry Messaging & Listings Speculation promotion
    Media/Culture Perception Market pressure via social norms
    Labour/Materials Capacity Rising costs, build delays

    🔹 1. Federal Government

    Role:

    Land Ownership: The federal government controls significant amounts of Crown land, much of which sits unused or underutilized in urban peripheries.
    Taxation Policy: Federal capital gains rules, income from property, and the existence or absence of incentives for affordable development influence developer and homeowner behaviour.
    Housing Acts & Funding: The National Housing Strategy and CMHC programs often focus on social housing, leaving market-rate affordable housing under-addressed. Funding for infrastructure also sets the pace for development.
    

    Barrier Mechanisms:

    Hoarding of federal land or delays in land release.
    Tax incentives that reward property speculation over occupancy or long-term affordability.
    Underinvestment in transportation or infrastructure that could make cheaper land more viable.
    

    🔹 2. Provincial Governments

    Role:

    Land & Zoning Control: Provinces control Crown land within their jurisdictions and direct land-use policies through legislation.
    Regulatory Oversight: They set building codes, development appeal processes, and housing-related tribunal systems.
    Tax Levers: Property transfer taxes, speculation taxes (like BC’s Speculation and Vacancy Tax), and provincial rebates or grants.
    

    Barrier Mechanisms:

    Overregulation or slow regulatory processes.
    Inconsistent or unclear direction to municipalities.
    Delays or gaps in infrastructure funding necessary to enable new developments.
    

    🔹 3. Municipal Governments

    Role:

    Zoning and Development Approvals: Municipalities control land use and zoning, including height, density, and land use rules.
    Fees & Levies: Development charges, community amenity contributions, parkland dedications, etc.
    Local Politics: Local councils are heavily influenced by existing homeowners and vocal NIMBY (Not In My Backyard) groups.
    

    Barrier Mechanisms:

    Low-density zoning in urban cores.
    Bureaucratic or slow permitting processes.
    Restriction of development to protect "neighbourhood character."
    Lack of coordination with surrounding municipalities for regional planning.
    

    🔹 4. Homeowners

    Role:

    Political Influence: Homeowners are highly engaged voters and often resist developments that may reduce their property value or change the character of their neighbourhood.
    Speculation: Use of primary homes and investment properties as financial instruments rather than housing.
    

    Barrier Mechanisms:

    Resistance to densification.
    Holding on to underutilized properties.
    Purchasing additional properties, reducing overall supply for first-time buyers.
    

    🔹 5. Home Buyers

    Role:

    Demand Pressure: Flocking to desirable areas and competing with each other fuels bidding wars.
    Preferences: Preferences for certain neighbourhoods, amenities, or detached homes limit the demand for other more affordable but less "prime" options.
    

    Barrier Mechanisms:

    Exacerbation of housing bubbles in hot markets.
    Little market pressure for developers to build outside of high-demand areas or diversify product types.
    

    🔹 6. Developers & Builders

    Role:

    Control of Supply: They are the ones actually producing housing.
    Profit-Motivated: Focused on returns; higher-end or luxury units offer greater profit margins.
    Land Banking: May hold land for future resale at higher value instead of building now.
    

    Barrier Mechanisms:

    Preference for high-margin projects (e.g., condos vs. family-sized rentals).
    Delayed builds due to market timing ("just-in-time" development).
    Underbuilding affordable units unless incentivized or required.
    

    🔹 7. Financial Institutions (Banks, Mortgage Lenders, Investors)

    Role:

    Credit Policy: Lending practices directly affect who can buy and how much they can borrow.
    Investment Products: REITs and other housing-focused investment vehicles treat housing as an asset class.
    

    Barrier Mechanisms:

    Easy credit can inflate prices.
    Institutional ownership of housing stock reduces supply available for private ownership.
    Risk-averse lending discourages innovative or affordable projects.
    

    🔹 8. Real Estate Industry (Agents, MLS systems, Speculators)

    Role:

    Market Messaging: Pushes narratives around “invest now or miss out.”
    Intermediation: Agents, especially in hot markets, may encourage bidding wars.
    

    Barrier Mechanisms:

    Speculation culture.
    Pressure to treat homes as investments first, shelter second.
    

    🔹 9. Media & Cultural Norms

    Role:

    Narrative Shaping: Reinforces the idea that real estate is the ultimate path to wealth.
    Desirability Framing: Promotes specific types of housing (e.g., detached homes) and locations as aspirational.
    

    Barrier Mechanisms:

    Normalization of price increases.
    Discourages demand for alternative housing types or models.
    

    🔹 10. Labour and Materials Supply Chain

    Role:

    Constrains Supply: A lack of skilled tradespeople or high material costs can slow or block construction.
    

    Barrier Mechanisms:

    Increased build times and costs.
    Preference for projects that are more profitable to offset higher labour/material costs.
    





  • Pretty well written article. Really comes down to:

    1. If these companies thought they could make more money off another pipeline they’d be lobbying for it.

    2. As a CNQ holder that’s seen some great returns. Trump and OPEC are the people costing me the most money.

    Despite relentless rhetoric about a “lost decade” due to hostile Ottawa energy policies, Alberta oil production increased by 40 percent since the federal Liberals came to power in 2015. Canadian oil and gas revenues exceeded $1.1 trillion between 2015 and 2022. The five biggest oil producers in Alberta enjoyed annual operating profits of $44.3 billion in 2021-22 — a tenfold increase since 2015.

    So where did the money go? Those same five companies ploughed $20 billion of record-breaking profits into dividends and stock buy-backs in 2022 — more than double the proportion paid out to investors in 2014. And since only 25 percent of those shareholders are Canadian and even fewer live in Alberta, the vast majority of that windfall is going elsewhere.


  • As Canada moved away from a resource economy into a Real Estate economy it killed a lot of rural living. Which in turn drove up urban centre prices even more.

    Tilt Cove, N.L., was once home to a thriving copper mine that attracted workers and their families from all over Canada. Now the community is home to just four people, all of whom agreed earlier this year to relocate.

    The copper mine opened in 1864 and operated intermittently until 1967. In the year before it closed for good, 436 people lived in the community, according to provincial statistics. By 1991, just 17 were left.





  • Keeping the post offices especially in rural areas is the big thing and expanding outside postal services seems like a viable way of doing it.

    The problem is circular with the mail volume. When we absolutely justified daily delivery they were making 194m gross profits in 2014 now they’re losing 750m a year. Either they’ll have to justify going door to door for another reason or we’ll have to cover the nearly the complete cost of doing so.